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PeerBasis
Compensation Comparability Determination

North Richmond Economic Development

Executive Director / CEO

EIN 571216032
CA · NTEE T990
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Lekisha Sweet, Executive Director / CEO ($118,650) against every comparable organization that fit the selection criteria — 97 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 91st percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Lekisha Sweet — reported title “dir. prop.mgmt.”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

97 organizations qualified on sector, size, and geography 97 within the band form the benchmarked peer set.

Distribution of comparable compensation

$509 total compensation of comparable organizations → $304,476 $118,650
$3,15510th
$11,89125th
$30,407Median
$53,88275th
$89,36290th
$118,650This org · 91st
p10$3,155
p25$11,891
p50$30,407
p75$53,882
p90$89,362
$118,650

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to CA cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
River Garden Mutual Housing Corporation CA$33,215 Ceo $34,705 $34,705 2023
Wisdom Wonder Project CA$33,551 President/executive Direct $1,164 $1,164 2023
Wagner Descendant's Foundation IL$33,620 Secretary $121,518 $138,351 2023
Anoka Hennepin Credit Union MN$33,076 Treasurer $39,821 $45,568 2023
Bob & Nancy Anthony Family Affiliated OK$33,068 Trustee $36,220 $46,188 2023
Tyler County Hospital Foundation TX$32,741 President $18,081 $20,946 2023
The Kesher Fund Of Cohen-fruchtman MD$32,407 President & Public Director $11,879 $12,861 2023
Zlotoff Family Support Foundation MI$34,634 Treasurer $26,189 $30,407 2024
The Intercommunity Foundation Inc CT$32,046 Incorporator/director $74,347 $78,412 2024
Johnston Community School Foundation IA$32,003 Secretary $22,825 $28,112 2024
Tena & Fred Oates Foundation SC$31,843 Secretary $245,029 $287,540 2024
Tesomas Alumni Camping Trust WI$31,588 Scout Executive/secretary $41,309 $48,528 2024
Gnof Support Foundation LA$35,201 Director $55,624 $70,932 2023
Heritage Fund Supporting Foundation Inc IN$31,427 President & Ceo $12,204 $14,477 2024
Thelma Pearl Howard Foundation CA$31,188 Secretary $53,882 $53,882 2023
Ritter Charitable Trust NV$35,779 Director $44,453 $51,602 2023
Blue Water Land Fund Inc MI$30,371 President/ceo $64,477 $74,860 2024
Unc Health Rockingham NC$36,401 Director $47,207 $56,488 2023
Rose Creek Firemen's Relief Association MN$30,032 President $6,000 $6,669 2024
Hope Church Endowment Fund MI$36,762 Director $50,000 $59,766 2023
The Sahandaywi Foundation CA$37,027 Treasurer $66,677 $64,764 2024
Helen Harper Brown Foundation FL$37,085 Trustee $2,399 $2,610 2023
Raymond H Jr & Bonnie B Hefner Family OK$37,204 Secretary $25,864 $32,982 2023
Griffith Centers For Children CO$29,137 President/ceo $144,760 $156,138 2024
Passavant Memorial Homes Foundation PA$37,833 Ceo & President $36,502 $40,946 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA cost of living and 2023 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to CA cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default91st
Total compensation (D + F), as reported (no adjustments)92nd
Reportable pay only (column D), adjusted99th
All sources (D + E + F), adjusted27th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Lekisha Sweet) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 97 similarly situated organizations (Same NTEE major group (T), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $118,650 is reasonable (approximately the 91st percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.